Bullish US Hide Market Brings Higher Prices

Bullish US Hide Market Brings Higher Prices

The US hide market ended the week with a large volume of trades. Steers, cows and bulls have received immense interest with prices moving anywhere from $1 to $4 higher on packer material. Many sellers are sold out of material, but buyers are still asking for bookings ASAP and spring orders. The order requests are also for very large volumes of containers. The bullish sentiment in the market is due to a number of factors such as COVID-19 cases settling, the economy opening back up, summer hides nearing, prices are believed to move further upwards, worldwide low supply and a weaker USD. There is some persistent bearish sentiment still revolving around container availability, laggard shoe business and risk of increased usage of alternative materials. With these factors considered, it is reasonable to expect next week will bring higher pricing from today’s levels.

Week-Ending Slaughter

The week’s estimated cattle slaughter was…

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Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

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North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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